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Use excle please 2 Abdullah Al Hashmi has two brothers studying in the school in standards and 7 He is planning to send to UK
Use excle please
2 Abdullah Al Hashmi has two brothers studying in the school in standards and 7" He is planning to send to UK for getting Masters. As there is increasing inflation in the economy every year Mr Abdullah is planning to make some smart investment of funds so that after 10 years from now he should be able to accumulate RO 10,000 for this brother in std 7" and to accumulate RO 12,000 for this brother in std 5th. He has come up with two proposals. Proposal A-Invest in Shares of company The investment in share will be earning a return of 8%. The amount of investment will be at the end of every year. The investment will be sold at the end of 10 year. 5/ 10 Proposal - B Invest in Bonds issued by some company This investment will be made at the end of each year in the Bonds issued by company in Oman. The investment in Bonds will be fetching a return of 6%. The investment will be sold at the end of 10 year. You are required to calculate for the above two proposal a) The investment to be made in each year for Proposal A and b) The investment to be made in each year for Proposal B (5+5=10 marks) Formatting guidelines: Headings font: Type = Times of Roman; Size = 13, Bold Others font: Type = Times of Roman; Size = 12 Column width: 18 Merge and center cells: Main Heading, All the cells for amounts category-Number: Decimal places=0 and Use 1,000 separator, Shade the cells in the Heading row = Light pruple Using the formula for calculation
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